Pacific Peninsula Group Acquires 2.5 Acre Single Family Property In Atherton For $25M

Located in Atherton, the property at 43 Santiago Avenue is a single-family residence situated on a sprawling 2.5-acre lot. The sale of this property was recently completed, with the transaction taking place on January 17, 2023. The property spans approximately 6,422 square feet and boasts a stunning price per square foot of $3,893. The address of the property is 43 Santiago Avenue, Atherton.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $25,000,000
• Market: Atherton
• Acres: 2.5

The Pacific Peninsula Group, represented by Brad Smith of Pacific Peninsula Group, acted as the buyer in this transaction. The seller, 43 Santiago LLC, was represented by Michael Repka from DeLeon Realty. The sale price for this property was $25,000,000, reflecting the desirability and value of this investment opportunity.